A career in oil used to be an attractive option for college students and high school grads alike. Oil and gas was one of the few industries where one could make six figures a year without a college diploma. And those with a diploma? They made high six figures with all sorts of perks and benefits.
Those days are gone.
During the last oil crisis, between 2014 and 2016, a few hundred thousand jobs were lost in the industry globally as oil companies were forced to shrink their exploration and production activities. Now we are seeing a repeat of that same scenario: frac crews in the U.S. shale patch are being dismissed because companies are suspending all new drilling and shutting in operating wells. Industry majors are revoking internship proposals. Oil and gas is once again viewed as a poor career choice.
https://oilprice.com/Energy/Energy-General/Why-Young-Professionals-Are-Steering-Clear-Of-Oil-Gas.html
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